209. Deputy Michael McGrath asked the Minister for Finance the reason the 2015 place of supply VAT changes in the budget 2015 will only bring in €100 million in 2015 but will bring in €125 million in 2017 and €150 million in 2019; if any glide path arrangements were made with any companies to allow them bring in the new VAT rate over a period of time; if he will identify these companies; if any arrangements have been made with the UK Exchequer in regard to these changes; and if he is concerned that there is likely to be a big cost increase in Sky television subscriptions due to the VAT change which means the company is now paying VAT here rather than paying a sheltered rate previously to the British Exchequer. [43077/14]

Summary

209. Deputy Michael McGrath asked the Minister for Finance the reason the 2015 place of supply VAT changes in the budget 2015 will only bring in €100 million in 2015 but will bring in €125 million in 2017 and €150 million in 2019; if any glide path arrangements were made with any companies to allow them bring in the new VAT rate over a period of time; if he will identify these companies; if any arrangements have been made with the UK Exchequer in regard to these changes; and if he is concerned that there is likely to be a big cost increase in Sky television subscriptions due to the VAT change which means the company is now paying VAT here rather than paying a sheltered rate previously to the British Exchequer. [43077/14]

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• VAT Rate Application

  xml · EN · 11 November 2014

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